TFI International (NYSE:TFII) Stock Gets Price Target Cut from Stephens

TFI International (NYSE:TFII – Free Report) had its target price decreased by Stephens from $160.00 to $140.00 in a research report sent to investors on Monday,Benzinga reports. Stephens currently has an overweight rating on the stock.

Several other equities analysts have also commented on the company. Royal Bank Of Canada dropped their target price on TFI International from $144.00 to $117.00 and set an “outperform” rating for the company in a research note on Monday. Susquehanna reduced their target price on TFI International from $185.00 to $164.00 and set a “positive” rating on the stock in a research report on Friday, October 2nd. TD Cowen decreased their price target on TFI International from $158.00 to $119.00 and set a “buy” rating on the stock in a research note on Monday. TD lifted their price target on TFI International from $153.00 to $154.00 and gave the company a “buy” rating in a report on Wednesday, July 8th. Finally, Zacks Research downgraded shares of TFI International from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 28th. Sixteen analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, TFI International has an average rating of “Moderate Buy” and an average target price of $145.32.

View Our Latest Stock Report on TFI International

TFI International Trading Up 4.1%

Shares of TFII opened at $100.19 on Monday. The stock has a fifty day moving average of $119.90 and a two-hundred day moving average of $129.04. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.10 and a current ratio of 1.11. The company has a market capitalization of $8.20 billion, a PE ratio of 23.14, a price-to-earnings-growth ratio of 0.76 and a beta of 1.67. TFI International has a fifty-two week low of $80.63 and a fifty-two week high of $167.69.

TFI International (NYSE:TFII – Get Free Report) last issued its quarterly earnings results on Thursday, October 29th. The company reported $1.67 earnings per share for the quarter, missing analysts’ consensus estimates of $1.75 by ($0.08). TFI International had a return on equity of 16.05% and a net margin of 4.26%. The business had revenue of $2.23 billion for the quarter, compared to analysts’ expectations of $2.23 billion. As a group, analysts forecast that TFI International will post 5.62 EPS for the current year.

Hedge Funds Weigh In On TFI International

Several hedge funds and other institutional investors have recently modified their holdings of the company. Nykredit A S purchased a new stake in shares of TFI International during the 2nd quarter worth about $3,031,000. Caisse de depot et placement du Quebec acquired a new stake in TFI International during the 2nd quarter worth approximately $910,995,000. TD Waterhouse Canada Inc. raised its holdings in TFI International by 10.4% in the second quarter. TD Waterhouse Canada Inc. now owns 250,009 shares of the company’s stock valued at $34,207,000 after buying an additional 23,597 shares during the period. Hill City Capital LP purchased a new position in TFI International in the second quarter valued at approximately $20,817,650. Finally, BlackRock Inc. purchased a new position in TFI International in the second quarter valued at approximately $14,341,000. 73.30% of the stock is owned by institutional investors and hedge funds.

TFI International News Summary

Here are the key news stories impacting TFI International this week:

About TFI International

(Get Free Report)

TFI International Inc is a North American transportation and logistics company headquartered in Saint-Laurent, Quebec. The company provides a broad range of freight and supply chain services through a network of operating companies in Canada and the United States.

Its business activities include package and courier delivery, less-than-truckload and truckload transportation, freight brokerage, logistics, warehousing, and specialized services. TFI International also serves niche transportation markets, including waste management, environmental services, and other specialized freight requirements.

The company traces its origins to 1957 and has expanded through organic growth and acquisitions.

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Analyst Recommendations for TFI International (NYSE:TFII)

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